Topic: Bid rigging

The UK’s Competition and Markets Authority should make more use of its criminal enforcement powers to ensure cartelists apply for leniency more frequently, a UK lawyer has said.

30 June 2022

The UK’s Competition and Markets Authority has accused 10 construction companies of rigging bids for asbestos removal contracts worth over £150 million, having already agreed settlements with eight of the conspirators.

24 June 2022

Hong Kong’s competition watchdog has accused two engineering companies and three individuals of colluding to fix prices and rig bids for air conditioning work, potentially impacting sales with an overall value of €243 million.

17 June 2022

The European Court of Justice has partially annulled the European Commission’s optical disk drive cartel decision due to procedural errors, although it rejected appeals to reduce the fines on the cartelists.

16 June 2022

Germany’s Federal Cartel Office has fined two construction companies a total of €12.5 million, in a decision that marks the first time the authority has punished both a contractor and contractee for breaching bid-rigging rules.

15 June 2022

The European Commission has raided multiple companies that construct networks and treatment plants for drinking water and wastewater on suspicion that they rigged bids for tenders involving EU funds.

14 June 2022

Korea’s competition watchdog has fined six logistics companies a total of €4.9 million for rigging bids to provide the country’s largest steelmaker with cargo handling services at two ports.

14 June 2022

Brazil’s competition tribunal has closed a dozen cartel probes into four construction companies that rigged public tenders for various infrastructure projects, after approving nearly 20 separate settlements worth €87 million.

09 June 2022

Italy’s Council of State has upheld a lower court’s decision to annul a fine imposed on energy provider Engie for its role in a bid-rigging cartel, while dismissing appeals brought by the remaining conspirators against their penalties.

23 May 2022

A federal jury in Louisiana has convicted a former petroleum company manager of defrauding the US and violating the Procurement Integrity Act.

20 May 2022